A note on Bertrand competition under quadratic cost functions

The authors focus on a model of competition known in economics as Bertrand competition. They investigate how the outcome of Bertrand competition changes when linear cost functions are replaced by quadratic functions in the model. Named after French mathematician Joseph Louis Francois Bertrand (1822-...

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Veröffentlicht in:	Gospodarka narodowa (Warsaw, Poland : 1990) Poland : 1990), 2015-01, Vol.2, p.5-14
Hauptverfasser:	Prokop, Jacek, Ramsza, Michal, Wisnicki, Bartlomiej
Format:	Artikel
Sprache:	eng
Schlagworte:	Bertrand, Joseph Louis François Competition Cost function Duopolistic competition Economic theory Equilibrium Firm theory
Online-Zugang:	Volltext
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